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is vacationing in martha's vineyard. here is part of those remarks. >> that is why we are so concerned by reason -- recent events. we appreciate the complexity of the situation. mohamed morsi was elected president in a democratic election him and his government was not conclusive and did not respect the views of all egyptians. egyptians wereny calling for a change in course. we do not believe force is the way to resolve political differences, after the military's intervention several weeks ago, there remained a chance for reconciliation and an opportunity to pursue a democratic path. instead, we have seen a more dangerous path taken. arbitrary arrests, a broad crackdown on mohamed morsi's associations and supporters, and now tragically, violence has taken the lives of hundreds of people and wounded thousands. the united states strongly condemns the steps that have been taken by egypt's interim government and security forces. we deplorable violence against civilians. we support universal rights to human dignity, including the right to peaceful protest. we oppose the pursuit of martial law. it den
martha's vineyard where he and the cancellation of the joint military exercise known as bright star. there have been consequences for the actions taken by the interim government. we are hopeful that -- i would also say this -- there have been consequences for other nations that there are other nations that have raised concern in the region and in europe and other places about the actions taken by the interim egyptian government. this is not something that is only in the interest of the united states. it is in the interest of our partners in the region and it our allies around the world. >> a little three years since the president has signed dodd- frank. one says that about 50% of the deadlines have been missed. what is the president's you on the progress of the law? does the banking industry have too much influence over regulators? >> part of his message is about regulators who have a job description, but he will have a message which is able conveyed to them the sense of urgency that he feels about getting the regulations under wall street reform implemented properly. most important
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